Talphera Inc reports results for the quarter ended in December - Earnings Summary

Talphera

06/03/2024 23:25

* Talphera Inc  TLPH.OQ  reported a quarterly adjusted loss
of 25
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of
$-1.00.  The mean expectation of two analysts for the quarter
was for a loss of 20 cents per share. Wall Street expected
results to range from -24 cents to -16 cents per share.
    * Revenue rose 11.5% to $281.00 thousand from a year ago;
analysts
expected $281.00 thousand. 
    * Talphera Inc's reported EPS for the quarter was a loss
of 25
cents​.
    * The company reported a quarterly loss of $4.52 million.
    * Talphera Inc shares had risen by 70.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Talphera
Inc is
$5.13 

This summary was machine generated from LSEG data March 6 at
11:24 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.20          -0.25          Missed
 Sep. 30 2023      -0.28          -0.08          Beat
 Jun. 30 2023      -0.53          -0.40          Beat
 Mar. 31 2023      -1.39          -0.75          Beat